Asset Turnover (Quarterly)

Asset Turnover: The amount of sales or revenues generated per dollar of assets. The Asset Turnover ratio is an indicator of the efficiency with which a company is deploying its assets. Calculated as: Total Revenues / Total Assets

FTC Solar, Inc. (FTCI) had Asset Turnover of 0.24 for the most recently reported fiscal quarter, ending 2025-06-30.

Quarterly Annual

Figures for fiscal quarter ending 2025-06-30

Income Statement Financials
Revenue	$19.99M
Net Income	$-15.43M
Cost of Goods Sold	$23.91M
Gross Profit	$-3.92M
Operating Expenses	$31.49M
Operating Income	$-11.50M
Non-Operating Income/Expense	$-3.89M
Pre-Tax Income	$-15.39M
Normalized Pre-Tax Income	$-15.44M
Income after Taxes	$-15.43M
Income from Continuous Operations	$-15.43M
Consolidated Net Income/Loss	$-15.43M
Normalized Income after Taxes	$-15.48M
EBIT	$-11.50M
EBITDA	$-10.98M
Weighted-Average Shares Outstanding (Basic)	13.10M
Weighted-Average Shares Outstanding (Diluted)	13.10M
Earnings per Share (EPS) (Basic)	$-1.18
Earnings per Share (EPS) (Diluted)	$-1.18
Balance Sheet Financials
Current Assets	$70.30M
Property, Plant, and Equipment	$1.93M
Long-Term Assets	$11.73M
Total Assets	$82.95M
Current Liabilities	$60.63M
Long-Term Debt	$10.89M
Long-Term Liabilities	$13.28M
Total Liabilities	$73.91M
Common Equity	$9.04M
Tangible Shareholders Equity	$1.77M
Shareholders Equity	$9.04M
Common Shares Outstanding	14.87M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$-10.78M
Cash Flow from Investing Activities	$2.99M
Cash Flow from Financial Activities	$0.00M
Beginning Cash	$11.25M
End Cash	$3.52M
Increase/Decrease in Cash	$-7.73M
Stock-Based Compensation	$1.22M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.16
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.55
Debt to Equity Ratio	1.20
Gross Margin	-19.60%
Operating Margin	-57.52%
EBIT Margin	-57.52%
EBITDA Margin	--
Pre-Tax Profit Margin	-76.98%
Profit Margin	-77.18%
Free Cash Flow	$-10.99M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.24
Inventory Turnover	3.27
Receiveable Turnover	0.44
Days Sales in Receivables	205.49
Return on Equity	-170.65%
Return on Tangible Equity	-869.79%
Return on Assets	-18.60%
Return on Investments	-77.39%
Book Value Per Share	$0.61
Free Cash Flow per Share	$-0.84
Operating Cash Flow per Share	$-0.82

Data from Zacks Investment Research, Inc.